Julius Philipp

Julius Philipp (March 1, 1878 – March 15, 1944) was a German-born metal trader who co-founded Philipp Brothers.

Julius Philipp
Born
Julius Philipp

March 1, 1878
Hamburg, Germany
DiedMarch 15, 1944 (age 66)
Bergen-Belsen concentration camp
CitizenshipGerman
OccupationMetal trader
Known forCo-founder of Philipp Brothers
FamilyOscar Philipp (brother)
Elliot Philipp (nephew)
Martha Bernays (cousin)

Biography

Julius Philipp was born to an Orthodox Jewish family in Germany.[1] He was a cousin to Martha Bernays, the wife of Sigmund Freud.[2] In 1901, he founded a small metal trading company in Hamburg, Germany.[1][3] In 1909, Philipp and his younger brother, Oscar Philipp established a metal trading company in London under the name of Philipp Brothers.[1][4][5][6] Julius continued to run the German operation out of Hamburg.[1] In 1914, with the advent of World War I, Siegfried Bendheim, an apprentice, German citizen, and minor partner in Philipp Brothers, avoided internment by the British government by moving to New York City where he established Philipp Brothers, Inc.[1] Oscar Philipp was not affected by the war as he had previously obtained British citizenship.[1] In 1923, another apprentice and second cousin to Bendheim, Siegfried Ullmann, moved to the New York office.[1] In 1934, Julius moved Philipp Brothers' German operations to Amsterdam due to the rise of Nazi Germany.[1] In 1944, he died in the Bergen-Belsen concentration camp.[3] The New York office eventually became Philipp Brothers headquarters.[3]

References
  1. Storli, Espen (August 30, 2013). "Ludwig Jesselson (1910-1993)". Immigrant Entrepreneurship. Retrieved May 28, 2018.
  2. Berlin, Isaiah (September 7, 2017). Affirming: Letters 1975-1997. Vintage Digital. ISBN 1845952251.
  3. Meyer, Gregory (February 2, 2015). "Rise and fall of a commodities powerhouse". Financial Times.
  4. Bloomberg. "Phibro LLC: Private Company Information - BusinessWeek". Retrieved 19 December 2010.
  5. Phibro. "Phibro". Retrieved 24 December 2010.
  6. Corkery, Michael (October 9, 2009). "10 Things You Didn't Know About Phibro and Andrew Hall". Wall Street Journal.
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